Tag: unemployment statistics

The Truth about those Unemployment Statistics

Who’s on the Job? COSTELLO: I want to talk about the unemployment rate in America. ABBOTT: Good Subject. Terrible Times. It’s 4.9%. COSTELLO: That many people are out of work? ABBOTT: No, that’s 24.7%. COSTELLO: You just said 4.9%. ABBOTT: 24.7% unemployed. COSTELLO: Right; 4.9% out of work. ABBOTT: No, that’s 24.7%. COSTELLO: Okay, so …

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